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What do those 10 years of work experience represent? Do they feed into what you do now? That sounds right if you only had 2 years of consulting exp
Following on PwC1, many firms would hire someone with your experience and top 15 MBA as a senior associate with possibly a 30-50% higher salary range. For the level you were hired at, that range is about right. But it may not be the right level for your background.
Asking shouldn't hurt, but you should be prepared to leave. You probably weren't hired through usual on campus mba recruiting if you're at the consultant level in cloud, so although you could get a senior consultant position in strategy, that change is probably hard to pull off. You may be better off just going to another firm.
Severely underpaid. I doubt they will make you whole even with a salary adjustment. Let me know if you're interested in a referral